NatWest mortgage rates are reduced.
NatWest has recently announced a reduction to its mortgage rates for 60% loan to value. The NatWest Intermediary Solutions corporate and core 2 year fixed rates have been cut by 0.1%.
In its corporate range a 2 year fixed rate for 60% loan to value is now available at 3.19% with a £999 fee and for a lower £199 fee level a rate of 3.49% is on offer. Both new deals are available for new purchase and remortgage.
A new 2 year fixed rate is also on offer in its core range. A 60% loan to value deal is available for both new purchase and remortgage at a rate of 3.29%.
A spokesperson for the lender commented advising that following on from the recent introduction of new mortgage deals NatWest are pleased to be able to reduce its mortgage rates further. As it operates in a fluid market NatWest say it is essential to review and refresh its mortgage range on a regular basis.
NatWest join a small handful of UK lenders such as Barclays and Virgin Money who have made recent rate cuts. Average rates have been rising and mortgage lending over the next few months had been predicted to look gloomy with the Bank of England warning that rates are to rise.
With George Osborne's announcement of a multi billion pound funding program to enable banks to loan more in mortgages it is hoped that mortgage rates will now come down.
For the most competitive mortgage rates currently on offer contact Deal Direct.
